Day Trading Tips and Tricks

June 15, 2014

Erich Senft

Share This Article

Phil P. M.D.

Wednesday, November 22, 2017

I just purchased 2 birds, the trade manager, and 2 of the trading system add-ons. I am an ER physician and PhD so I am used to doing research. I studied multiple systems that were available. I eliminated the $1000 to $3 million in 1 month systems, the ultra complex chart systems, the systems that depended on a trading room, e-mail, or instant message to tell you when to enter/leave a trade, and the ones that were not based on real trades. I checked out reviews from other sites and that left only a few systems. In my opinion, yours is the best. Then you impressed me even more by taking an hour of your time, not even knowing if I was going to buy anything, explaining each bird with its strengths and weaknesses. The trade manager looks to be very helpful to me as I like to trade at work but I sometimes have to leave my office quickly and not return for hours. I once found I had lost $20,000 by leaving a trade on and do not want to repeat that. Thanks for the great experience so far. From other reviews I only expect it to get better.

UPDATE: 6/15/2014

Since my previous review, I have proceeded to add the third bird and a couple more boosters. I have Sim traded for a month. I have back tested and maximized profit settings on 600 trades (Profit Finder was invaluable for this). I have availed myself with the ongoing free trading rooms and followed knowledgeable traders who can teach. I started very small and I am now consistently profitable(as Erich says: “Don’t be in a hurry to lose money.” and “If you can consistently take 2 points a day out of the E-mini when you build up your account to trading 25 contracts per day you have $500,000 a year income.”). I’m 64 and retiring soon and this has been just a delight: no more nights, weekends, or holidays.

TESTIMONIAL DISCLOSURE: Testimonials appearing on www.IndicatorWarehouse.com may not be representative of the experience of other clients or customers and is not a guarantee of future performance or success.

LIVE TRADE ROOM DISCLOSURE: All presentations, videos, and information are for educational purposes only and the opinions expressed are those of the presenter only. All trades presented should be considered hypothetical and should not be expected to be replicated in a live trading account.

Commodity Futures Trading Commission Futures and Options trading has substantial potential rewards, but also significant potential risk. You must be aware of the risks and be willing to accept them to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS, IN GENERAL, ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

Use of any of this information is entirely at your own risk, for which Indicator Warehouse will not be liable. Neither we nor any third parties provide any warranty or guarantee as to the accuracy, timeliness, performance, completeness or suitability of the information and content found or offered in the material for any particular purpose. You acknowledge that such information and materials may contain inaccuracies or errors and we expressly exclude liability for any such inaccuracies or errors to the fullest extent permitted by law. All information exists for nothing other than entertainment and general educational purposes. We are not registered trading advisors.